M/S GREEN VALLEY HOMES DEVELOPERS PVT LTD., Mumbai V. DCIT CENTRA RANGE 7(3), Mumbai

ITA 2385/MUM/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 3323 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 5 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2014-2015
• Appeal Filed On: 15-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: T KHALSA
• Assessee Lawyers: SIDDHI MODI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES G , MUMBAI BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBER AND SHRI M. BALAGANESH , ACCOUNTANT MEMBER ITA NO. 2385/MUM/2019 ASSESSMENT Y EAR: 2014 - 15 M/S GREEN VALLEY HOMES DEVELOPERS PVT. LTD., GLOMAX MALL, PLOT NO. 17, 18, 19, SECTOR - 2, KHARGHAR, NAVI MUMBAI - 410210 PAN: AAACA4509R VS. DCIT - C.C. - 7(3), ROOM NO. 655, 6 TH FLOOR, AAYKAR BHAWAN, M.K. ROAD, MUMBAI - 400020 (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI SIDDHI MODI ( AR) REVENUE BY : SHRI T. KHALSA (DR ) DATE OF HEARING : 2 7 /09 /202 1 DATE OF PRONOUNCEMENT: 2 7 / 09 /202 1 O R D E R PER SAKTIJIT DEY , JM THIS IS AN APPEAL BY THE REVENUE AGAINST ORDER DATED 21.02.2019 OF LEARNED COMMISS IONER OF INCOME TAX (APPEALS) - 49 , MUM BAI FOR THE ASSESSMENT YEAR 20 14 - 15 . 2. WHEN THE APPEAL WAS TAKEN UP FOR HEARING, LEARNED AUTHORIZED REPRESENTATIVE OF THE ASSESSEE MADE A REQUEST ON BEHALF OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL , AS THE ASSESSEE HAS OPTED FOR SETTLING THE DISPUTE ARISING IN THE APP EAL UNDER THE DIRECT TAX VIVAD S E VISHWAS ACT, 2020 AND HAS ALSO RECEIVED CERTIFICATE ISSUED BY THE DESIGNATED AUTHORITY IN FORM 3. 2 ITA NO. 2385 / MUM/2019 ASSESSME NT YEAR: 2014 - 1 5 3. THE LEARNED DEPARTMENTAL REPRESENTATIVE DID NOT OBJECT TO THE AFORESAID REQUEST OF THE ASSESSEE. 4 . WE HAVE HEARD RIVAL CONTENTIONS AND PERUSED THE MATERIALS ON RECORD. KEEPING IN VIEW THE FACT THAT THE ASSESSEE HAS OPTED FOR SETTLING THE DISPUTE ARISING IN THE APPEAL UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 AND RECEIVED CERTIFICATE ISSUED IN FORM 3, WE PERMIT THE ASSESSEE TO WITHDRAW THE PRESENT APPEAL. ACCORDINGLY, APPEAL IS DISMISSED AS WITHDRAWN. 5. IN THE RESULT, APPEAL IS DISMISSED . ORDER PRONOUNCED IN THE OPEN COURT ON 2 7 TH SEPTEMBER , 2021 . SD/ - SD/ - ( M. BALAGANESH ) ACCOUNTANT MEMBER (SAKTIJIT DEY) JUDICIAL MEMBER MUMBAI ; DATED: 2 7 / 09 /202 1 ALINDRA, PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE . / BY ORDER, //TRUE COPY// / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI